Released May 06, 2021 | CORDOBA, ARGENTINA
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Researched by Industrial Info Resources (Sugar Land, Texas)--About 500 capital-spending projects in Brazil's Power Industry, with a total investment value of nearly $72 billion, are expected to reach capital approval during the second half of this year. Grassroot and plant-expansion projects account for most of this investment, adding up to $71.2 billion, followed by transmission and distribution projects at $881.7 million, and in-plant capital projects at $368.2 million.
Among grassroot and expansion projects, most of the planned investment is concentrated in natural gas-fired projects ($22.56 billion), solar projects ($24.49 billion) and wind projects ($18.85 billion). The economic viability of most of new-build projects in Brazil depends on power purchase agreements (PPA) with the market operator, which are made during one of the periodical auctions held by the Ministry of Energy and Mines.
Last year's auction was cancelled due to the COVID-19 pandemic, but subscriptions for this year's auctions (scheduled for June and September) are at record highs. In fact, preliminary reports released by the ministry point to more than 1,800 projects.
Subscribers to Industrial Info's Power Project Database can click here for a list of capital-spending projects in Brazil's Power Industry that are expected to reach capital approval during the second half of this year.
Click on the image at right for a graph detailing these projects, by fuel type.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Among grassroot and expansion projects, most of the planned investment is concentrated in natural gas-fired projects ($22.56 billion), solar projects ($24.49 billion) and wind projects ($18.85 billion). The economic viability of most of new-build projects in Brazil depends on power purchase agreements (PPA) with the market operator, which are made during one of the periodical auctions held by the Ministry of Energy and Mines.
Last year's auction was cancelled due to the COVID-19 pandemic, but subscriptions for this year's auctions (scheduled for June and September) are at record highs. In fact, preliminary reports released by the ministry point to more than 1,800 projects.
Subscribers to Industrial Info's Power Project Database can click here for a list of capital-spending projects in Brazil's Power Industry that are expected to reach capital approval during the second half of this year.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.